Armenian Commercial Banks Buy $44.9 Million At Foreign Exchange Market April 26-29

29.04.2011 21:03
Armenian Commercial Banks Buy $44.9 Million At Foreign Exchange Market April 26-29

YEREVAN, April 29, /ARKA/. Armenian commercial banks bought a total of $44.9 million at the local foreign exchange market on April 26-29 at an average exchange rate of 371.86 Drams per one USD, the Central Bank said today.

It said the banks sold about $54.6 million in the same time span at an average exchange rate of 373.42 Drams per one USD.

The combined amount of transactions effected at NASDAQ OMX Armenia exchange stock in the same period of time amounted to $15.9. Transactions were effected at an average exchange rate of 370.39 Drams per one USD.

The Central Bank said also $200,000 worth transactions were effected in USD at the local inter-bank foreign exchange market at an average exchange rate of 370.5 Drams per one USD.

Also the banks provided 31,3 billion Drams worth loans in the national currency on April 17-24 and $57.3 million loans in USD. ($1 – 370.18 Drams). --0-


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